This bill amends the Internal Revenue Code to require the Department of the Treasury to provide every taxpayer who files an individual income tax return for any taxable year an itemized tax receipt showing: (1) the proportionate allocation of the taxpayer's payment in such year among major expenditure categories of the federal budget (e.g., social security, national defense, Medicare and other federal health programs, low-income assistance programs, unemployment benefits, net interest on the federal debt, and other federal programs); and (2) the amount of the federal debt at the end of the fiscal year and the amount of additional borrowing by the federal government in such fiscal year for each legal U.S. resident.

]]>2015-10-28T04:00:00Z2015-10-28J.F000445878616832015-10-28VA4Rep. Forbes, J. Randy [R-VA-4]ForbesRandyF000445TrueRJAMESC00075481522312015-10-28TN5Rep. Cooper, Jim [D-TN-5]COOPERH.C000754TrueDJames2048R00058681062015-10-28OH16Rep. Renacci, James B. [R-OH-16]RenacciB.R000586TrueR1141.0.02015-10-28Referred to the House Committee on Ways and Means.TaxationBudget deficits and national debtTax administration and collection, taxpayers[Congressional Record Volume 161, Number 159 (Wednesday, October 28, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. QUIGLEY:H.R. 3855.Congress has the power to enact this legislation pursuantto the following:The constitutional authority on which this bill rests isthe power of Congress to regulate commerce; as enumerated inArticle I, Section 8, Clause 3 of the United StatesConstitution.[Page H7332]]]>HR2015-10-29T09:16:28ZTaxationTaxpayer Receipt Act111Referred to the House Committee on Ways and Means.2015-10-28H11100IntroReferralHouse floor actions2hswm00Ways and Means CommitteeIntroduced in House2015-10-28Intro-HIntroReferralLibrary of Congress9Introduced in House2015-10-281000IntroReferralLibrary of Congress932018-11-09T00:09:08Z2015-10-28Taxpayer Receipt ActShort Titles as IntroducedTo amend the Internal Revenue Code of 1986 to require the Secretary of the Treasury to provide each individual taxpayer a receipt for an income tax payment which itemizes the portion of the payment which is allocable to various Government spending categories.Official Title as IntroducedTaxpayer Receipt ActDisplay Title3855text/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.